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First Trust Managed Municipal ETF
FMB

Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$161M +$5.42M +95,346 +3%
Bank of America
2
Bank of America
North Carolina
$149M -$3.18M -55,956 -2%
LPL Financial
3
LPL Financial
California
$112M +$8.99M +158,295 +9%
Wells Fargo
4
Wells Fargo
California
$105M +$12.7M +223,550 +14%
UBS Group
5
UBS Group
Switzerland
$104M -$3.96M -69,750 -4%
CAMG
6
CWA Asset Management Group
Florida
$73.3M +$2M +35,294 +3%
CWM
7
Congress Wealth Management
Massachusetts
$58.2M +$58M +1,021,896 New
Osaic Holdings
8
Osaic Holdings
Arizona
$48.4M +$6.31M +111,102 +15%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$47.9M -$3.27M -57,544 -6%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$43.2M +$30.8K +542 +0.1%
RJA
11
Raymond James & Associates
Florida
$30.1M +$1.58M +27,754 +6%
HighTower Advisors
12
HighTower Advisors
Illinois
$26.7M +$18.6M +328,195 +233%
AAS
13
Avantax Advisory Services
Texas
$23M +$753K +13,247 +3%
AWM
14
AE Wealth Management
Kansas
$20M +$1.84M +32,397 +10%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$19.2M +$1.41M +24,814 +8%
PP
16
PFS Partners
New Jersey
$18.9M +$18.8M +330,852 New
LPT
17
Legacy Private Trust
Wisconsin
$18.5M -$751K -13,223 -4%
GAG
18
GM Advisory Group
New York
$17.3M +$3.86M +67,932 +29%
MMA
19
Miracle Mile Advisors
California
$17.1M +$17M +299,251 New
Citigroup
20
Citigroup
New York
$16.2M -$638K -11,226 -4%
KAS
21
Kestra Advisory Services
Texas
$15.1M +$554K +9,759 +4%
VBFG
22
Vishria Bird Financial Group
Tennessee
$13.4M +$590K +10,380 +5%
EFL
23
ERn Financial LLC
Wisconsin
$13.3M +$183K +3,222 +1%
FFG
24
Frisch Financial Group
New York
$13M -$987K -17,368 -7%
Stifel Financial
25
Stifel Financial
Missouri
$12.5M +$4.45M +78,338 +56%
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